Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Financial Counselor – Healthcare Job Description

Job Descriptions November 27, 2013

When you get the chance to familiarize yourself with the healthcare job description of financial counselors, you will learn that they are working professionals that go over insurances and the cost of procedures before admitting patients to the hospital. In case the insurance of the patient covers the cost, a financial counselor works with the needed papers and documents and make sure that everything is in order. If payments are rendered in cash, financial counselors also work in collecting payments and updating the bill records of patients.

Financial counselors usually work in the front office location of hospitals, where they sit on their desks and use computers in facilitating their jobs. These working professionals usually work 40 hours every week, nine to five. However, there are instances that financial counselors work at night or even during weekends. It is believed that financial counselors are exposed to prolonged typing and sitting. That is why they are advised to take time to stand up and move around, to avoid wrist pain and stress injury due to repetitive motion.

Since financial counselors fall on the healthcare field, their jobs require them to be familiar with billing practices, customer service, and insurance coding. They are usually represented by impressive experience in account collections. Some financial counselors work in doctor offices and most if not all are earning attractive salaries. Financial counselors also work in initiating and coordinating prior authorization and pre-certification for patients with respect to their insurance carriers.

These individuals also work in providing financial counseling to patients. Financial counselors also work hand in hand with business offices to ensure timely follow up and claim. Their works also includes making and answering calls from insurance companies and patients, inquiring about the pre-certification process. Their roles in processing information requests and coordinating with insurance companies or billers, with regards to their requests and medical necessity, are greatly valued.

Among the various tasks, performed by financial counselors, include receiving and processing forms and insurance information from companies and patients. Aside from these, their functions also include reviewing hospital schedules, checking accounts of patients, communicating with the biller and requesting additional claims.

Financial counselors also work on discussing payment arrangements with concerned individuals, tackling about outstanding balances. They also process oral medicine prescriptions for possible office dispensing. Most importantly, financial counselors perform duties as assigned. They have the qualities, skills and expertise that allow them to work successfully and satisfactorily. The roles they played are essential, and they provide a beneficial service in the healthcare industry.

Financial counselors display unmatched mathematical skills, language skills, reasoning ability and other essential abilities and skills, including computer knowledge, keyboard skills, communication skills and telephone skills. They usually display attitude and demeanor and are highly capable of working effectively with other people. They also have sufficient knowledge in medical terminology.

The job of financial counselors is performed mostly indoor or in a controlled environment. They can and must efficiently perform their functions under these types of environment. The task of a financial counselor is not that easy, but with the needed skills and determination, essential functions can be undertaken successfully.

Searching Searching ...

Matching School Ads
5 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
4 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Online Bachelor's programs include BBA, Criminal Justice, Psychology, IT, Healthcare Management & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
  • Provide a range of campus experiences and services online including advising, tutoring, student community, and career services
  • Give students and alumni access to career assistants who help with resumes, cover letters, job hunting, and more.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Online and ground-based program areas include Fashion Marketing and Management and more.
  • Students can study branding, event management, and public relations to help them prepare for a marketing career
  • Course topics include Fundamentals of Business, Brand Strategy, Project Management, and Principles of Market Research
  • Over 50 locations nationwide, with a student support team dedicated to helping students grow
  • Join our next Open House on 10/21 (10/28 @ select locations)!
Good for Working Adults
  • Flexible Scheduling
  • Financial Aid

Searching Searching ...

Matching School Ads
5 Program(s) Found
  • Why Earn Your Degree from GCU?
  • Options: Choose from a variety of undergraduate and graduate degree programs in Business, Nursing, Psychology, Education & more!
  • Convenience: Complete courses online, on campus, or a combination of both!
  • Earlier Graduation: Our 4-credit courses allow you to complete your degree program in less time.
  • Transfer Friendly: We will request your transcripts, evaluate your graduate coursework, and determine your anticipated graduation date within 24 hours.
  • Quality: Grand Canyon University was founded in 1949 and is regionally accredited. Learn more today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
4 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Earn your Bachelor of Business Administration (BBA) 100% online
  • Learn business and leadership skills through case studies and intensive projects, culminating in a capstone course
  • Program designed to teach students key concepts in accounting, financial services, and marketing
  • South University brings over 115 years of achievement and tradition to a supportive, online classroom
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits

Login to your account

Can't remember your Password ?

Register for this site!